asquaredps

BULL FLAG AND BREAKOUT

BITSTAMP:ETHUSD   Ethereum
As we can see from the chart a bull flag was formed and a breakout as already occured.
However there is still some resistance on the $1,200 - $1,230, which has proven to be a sufficent on, so i would be wary
We might see another consolidation here
Nonetheless, we could potentially see a 22.07% increase in price

THIS IS NOT FINANCIAL ADVICE!!
BE CAREFUL!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.